ACCT 305 Live Lecture Week 1

ACCT 305 Live Lecture Week 1 - ACCT 305 Live Lecture Week 1...

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ACCT 305 Live Lecture Week 1 Monique Smalling
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AGENDA About Monique How the live lectures will work Week 1 TCOs Overview of Chapter 10: Operational Assets: Acquisition and Disposition Chapter 10 homework examples Revisit TCOs
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About Monique Live in Sacramento, CA Teaching for DeVry for 6 years Like to golf, run, snowboard, snow ski, spend time with family 2 little girls (6 and 7)
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How Live Lectures Will Work Overview of chapter and TCO(s) Examples from homework Revisit TCO Live lecture documents PowerPoint and Excel Live: Can download via File Transfer Box Recorded: Will be attached to recording Questions Textbook pages
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Week 1 TCO’s TCO 1: Given financial data related to the acquisition of plant assets, and other major expenditures by an enterprise, determine the proper allocation of cost to capitalized items and expensed items. Identify the various costs to include in initial entry recording property, plant, and equipment, natural resources, and intangible assets. Distinguish between expenditures that are capitalized (with costs allocated over the accounting periods benefited) and expenditures that are expensed in the current accounting period, such as repairs and maintenance and certain supplies, as well as certain research and development costs. Determine the initial cost of individual operational assets acquired
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This note was uploaded on 02/05/2012 for the course ACCT 305 taught by Professor Charlie during the Spring '11 term at University of Phoenix.

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ACCT 305 Live Lecture Week 1 - ACCT 305 Live Lecture Week 1...

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